After being successful in his lawsuit against mason rothchild about MetaBirkin NFT, Hermes now seeks more control over digital collectibles in a new court order. On March 3, Hermès asked Judge Jed S. Rakoff of the United States District Court, Southern District of New York (SDNY), to permanently block Rothschild from involvement with the brand in no time. More specifically, he wants the artist to stop selling, promoting and distributing any digital collectibles associated with the Birkin trademark.
Hermès filed a lawsuit against the artist in early 2022, alleging that he had stolen their intellectual property when he created an NFT collection that resembled Hermès’ iconic Birkin bag. The case dragged on for the better part of a year, before a jury found in favor of Hermès. As a result, the luxury brand was awarded $133,000 in damages.
Hermès wants everything related to MetaBirkin NFT to be transferred to them
However, Hermès feels that this is not enough given that the Rothschild interfered with their future NFT plans. He now wants you to transfer any MetaBirkin NFTs, smart contracts, domain names, and social media accounts to his control.
The court order also states that the artist must transfer any royalties he has received from the MetaBirkins project. According to Hermès, Rothschild still earns 7.5% in creation royalties when NFTs are traded on the secondary market.
A quick scan of the Etherscan data reveals that the last sale of a MetaBirkin NFT took place last November and cost 1.2 wrapped ether, or $1,555. On the other hand, the last transfer of these NFTs between different wallets occurred in December.
The claims have been met with disgust by the Rothschild defense team. His lawyer, Rhett Millsaps, establishes the order. “a serious overreach by Hermès and an attempt to punish Mr. Rothschild because they don’t like his art.”
Now the team plans to file a response to the latest development, and the lawyer warns that the case is far from over.
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*All investment/financial opinions expressed by NFT Plazas come from the personal research and experience of our site moderators and are intended for educational purposes only. People are required to fully research any product before making any type of investment.
Basil is an avid fan of blockchain technology and all its innovations, and he is passionate about sharing this narrative with his audience. He has spent over five years in the crypto space, specializing in research and creating Web3 content for various media outlets around the world.
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